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History, 12.07.2019 02:30 James300102

In the 1790s, despite a lack of specific constitutional authority to do so, congress chartered a national bank, arguing that the institution was necessary to regulate the value of currency, a power that the constitution did grant to congress. the chartering of a national bank was therefore an example of an enumerated power. a reserved power. a concurrent power. an implied power. a prohibited power.

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